(ALG) Alamo Group complete technical analysis [charts+indicators] | Buy/Sell Alamo Group | (ALG) share price targets
Complete technical analysis of Alamo Group (ALG) by charts plus indicators, forecast predictions and share price targets for Alamo Group (ALG)
Alamo Group trades in USA in Capital Goods sector.
Showing technical analysis as on 2024-03-19 View latest technical analysis
10 day averaged volume of Alamo Group is 69800
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Tue Mar 2024 | 203.90 | 202.12 | 205.05 | 202.12 | 0.427 times |
| 18 Mon Mar 2024 | 202.12 | 205.10 | 207.25 | 201.82 | 0.85 times |
| 15 Fri Mar 2024 | 205.02 | 203.38 | 206.79 | 203.38 | 1.691 times |
| 14 Thu Mar 2024 | 204.17 | 205.32 | 205.32 | 201.85 | 1.132 times |
| 13 Wed Mar 2024 | 206.15 | 201.43 | 207.48 | 201.43 | 0.838 times |
| 12 Tue Mar 2024 | 201.84 | 202.90 | 202.90 | 200.66 | 0.605 times |
| 11 Mon Mar 2024 | 202.41 | 203.79 | 203.79 | 201.01 | 0.883 times |
| 08 Fri Mar 2024 | 203.27 | 208.09 | 209.72 | 202.93 | 1.443 times |
| 07 Thu Mar 2024 | 206.26 | 203.64 | 207.57 | 203.64 | 0.918 times |
| 06 Wed Mar 2024 | 202.98 | 203.00 | 203.63 | 200.37 | 0.891 times |
My analysis of stock is bearish for shortterm, and stock might move down till 200.6 or till 196.2. Use a stoploss of 204.33 and if the stock hits stoploss, then it can shoot up till 208.04
Share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Target | 158.16 |
| Downside Target | 182.30 |
| Downside Target | 188.36 |
| Downside Target | 196.38 |
| Upside Target | 205.95 |
| Upside Target | 207.48 |
| Upside Target | 209.72 |
| Upside Target | 216.34 |
| Upside Target | 217.16 |
| Upside Target | 217.68 |
| Upside Target | 231.40 |
Intraday share price targets for Alamo Group (ALG)
| Target Type | Value |
| Downside Intraday Target | 201.4 |
| Downside Intraday Target | 198.89 |
| Upside Intraday Target | 206.83 |
| Upside Intraday Target | 209.75 |
| Upside Intraday Target | 204.32 |
Weekly technical analysis of Alamo Group (ALG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Tue Mar 2024 | 203.90 | 205.10 | 207.25 | 201.82 | 0.248 times |
| 15 Fri Mar 2024 | 205.02 | 203.79 | 207.48 | 200.66 | 1.1 times |
| 08 Fri Mar 2024 | 203.27 | 204.44 | 209.72 | 200.12 | 0.744 times |
| 01 Fri Mar 2024 | 202.68 | 202.49 | 205.95 | 198.33 | 1.279 times |
| 23 Fri Feb 2024 | 203.55 | 214.45 | 217.16 | 188.36 | 0.706 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Alamo Group (ALG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 19 Tue Mar 2024 | 203.90 | 203.58 | 209.72 | 200.12 | 0.535 times |
| 29 Thu Feb 2024 | 202.29 | 213.83 | 231.40 | 188.36 | 1.048 times |
| 31 Wed Jan 2024 | 212.28 | 208.00 | 217.68 | 196.38 | 1.359 times |
| 29 Fri Dec 2023 | 210.19 | 183.49 | 216.34 | 182.30 | 0.959 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Alamo Group (ALG)
Price action analysis of Alamo Group ( (ALG) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Alamo Group ( (ALG) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Alamo Group ( (ALG) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Alamo Group ( (ALG) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Alamo Group stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Alamo Group in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Alamo Group Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Alamo Group in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Alamo Group is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 203.95 and Alamo Group (ALG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Alamo Group (ALG) stock. Volume based technical analysis of Alamo Group (ALG) stock is negative.
Alamo Group Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Alamo Group ( (ALG) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Alamo Group ( (ALG) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Alamo Group ( (ALG) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Alamo Group ( (ALG) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Alamo Group stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Alamo Group in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Alamo Group Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Alamo Group in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Alamo Group is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 203.95 and Alamo Group (ALG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Alamo Group (ALG) stock. Volume based technical analysis of Alamo Group (ALG) stock is negative.
Alamo Group Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.